Black Agenda Report
Black Agenda Report
News, commentary and analysis from the black left.

  • Home
  • Africa
  • African America
  • Education
  • Environment
  • International
  • Media and Culture
  • Political Economy
  • Radio
  • US Politics
  • War and Empire

Black America On Track to Zero Wealth By 2053
Nellie Bailey and Glen Ford
04 Oct 2017
🖨️ Print Article

A study by the Economic Policy Institute predicts Black household wealth will plunge to zero by the year 2053. “What this study really points to is the fact that U.S. capitalism is on a path to destruction, and cannot stop,” said Black Agenda Report contributor Danny Haiphong, author of a recent article titled “Black America: The Wealth-less Community.” “A lot of the conversation about racism has very little to do with the material circumstances of Black people,” said Haiphong.

black wealth

Related Podcasts

BAR Radio
Black Agenda Radio with Margaret Kimberley
Black Agenda Report October 23, 2026
23 October 2026
In this week’s segment, we hear about the ongoing uprising in France against neo-liberal austerity, colonialism, and white supremacy.
CEPR
Black Agenda Radio with Margaret Kimberley
Why Black Wealth Took a Nosedive
23 October 2026
The Center for Economic and Policy Research (CEPR) recent
Black Capitalism Can’t Fix Racial Wealth Gap
Black Agenda Radio with Nellie Bailey and Glen Ford
Black Capitalism Can’t Fix Racial Wealth Gap
14 August 2018
Black banks are useful and should be supported, but only some form of reparations can confront the disastrous Black economic condition, said

More Stories


  • Keston K Perry
    The IMF and the World Bank Must be Abolished to Save the Planet
    27 Nov 2024
    The IMF and the World Bank give the appearance of aiding Global South nations with economic relief for climate disasters, but in reality, they are burdening them with more debt. 
  • Tamara Nassar , Ali Abunimah
    AOC votes to back Israel lobby’s bogus “anti-Semitism” definition
    27 Nov 2024
    New York's "progressive" congresswoman panders to the Israel lobby by supporting a definition of antisemitism that will stifle free speech.
  • Black Agenda Radio
    Black Agenda Radio with Margaret Kimberley
    Black Agenda Radio November 22, 2024
    22 Nov 2024
    This week, we discuss the COP29 climate summit and why the earth is still warming despite prior climate agreements. But first, we analyze the 2024 presidential election results and why Donald Trump…
  • Election results map
    Black Agenda Radio with Margaret Kimberley
    Election Analysis from Anthony Monteiro
    22 Nov 2024
    Dr. Anthony Monteiro joins us to discuss the 2024 presidential election results, why Kamala Harris failed to connect with millions of voters, and what will happen under a Trump presidency.
  • COP 29
    Black Agenda Radio with Margaret Kimberley
    COP29 and Climate Agreement Failure
    22 Nov 2024
    Anthony Rogers-Wright provides his analysis of the latest United Nations climate change summit, COP29, now being held in Baku, Azerbaijan.
  • Load More
Subscribe
connect with us
about us
contact us